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How to Apply for SSS Salary Loan


If you are having some short term financial needs, why not apply for SSS salary loan? You can apply for:

  • A one-month SSS salary loan with an amount equivalent to your average salary from the last 12 months.
  • A two-month SSS salary loan is also available with an amount which is equivalent to twice of the amount of your average salary from the last 12 months

But, you should be an active SSS member-contributor. If you  are employed, your employer must also be updated in their contribution payments.

How to Apply for SSS Salary Loan?

  1. Before you proceed, make sure you satisfy the following requirements

    • Are you qualified to apply for sss salary loan? Read more here:
      What are the SSS salary loan Requirements
    • You must be 64 years old or below
    • You should not have collected any permanent disability or retirement benefits from SSS.
    • You should not have a record of disqualification due to fraud committed against SSS.
    • You must have either SSS digitized ID or E-6 (acknowledgement stub)
    • You must have any two valid IDs.
      See here the Complete List: Valid IDsin the Philippines

 

    1. Go to the Social Security Service (SSS) branch nearest your residence, place of business or work.
      • Ask the information officer that you want to apply for SSS salary loan.
      • You will be provided with an SSS Member Loan Application Form.  Fill it out completely.

         

        • Submit all your documents and make sure all your details is correct and accurate for faster approval. Processing of SSS salary loan applications usually takes around 2-3 weeks from the date of application.
        • If you are employed, your loan checks will be delivered directly to your employer and if you are self-employed or a voluntary member, you will be given a schedule when your loan check is ready for pick-up.

 

    1. If an Authorized Representative will file for your SSS salary loan:
      • You must send him/her your duly accomplished Member Loan Application Form
      • Your Authorized Representative must bring his / her  SSS card or any two valid IDs both with signature and at least one with photo
      • Letter of Authority (LOA) signed by both the member-borrower and member-borrower’s authorized representative
      • Your ( Member-borrower’s)  SSS card or any two valid IDs both with signature and at least one with photo must be also presented.

 

  1. If filed by Employer/Company’s Authorized Representative, the following are the requirements.
    • Member-borrower’s duly accomplished Member Loan Application
    • Authorized Company Representative (ACR) card issued by SSS
    • Letter of Authority (LOA) from employer and any two (2) valid IDs both with signature and at least one with photo
    • Member-borrower’s SSS card or in its absence, Application for SSS card (SSS Form E-6) acknowledgment stub and any two valid Ids both with signature and at least one with photo.

 

That’s it!
Did you know that there is a faster way to claim and apply for SSS salary loan?
You can read more about it here.

How to get your SSS Salary Loan Proceeds in as fast as 3 days?

 

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